303 Alamo Avenue, Lake Dallas, TX 75065
sale
$738,750
|
Other
Courtesy Of UC-Texas Real Estate Associates, Listed By Grady Ray
This investment sale of 303 Alamo Ave, a four-unit, 100% occupied multi-tenant retail strip center located in Lake Dallas, Denton County, Texas. The property offers qualified investors a stabilized, income-producing retail asset within one of the fastest-growing commercial real estate submarkets in the Dallas-Fort Worth Metroplex. The property is currently leased to four (4) established tenants representing a diversified mix of personal services, full-service dining, specialty retail, and quick-service food uses. All leases are structured as gross leases, with the landlord maintaining control over property expenses. Units A and B feature contractual step-up rent schedules, providing a clear and contractually assured path to increased net operating income without requiring new leasing activity. Units C and D provide stable, flat-rate income streams.
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Cooling System: Electric
- Floors: 1
- Heating System: Electric (Heating)
- Heating System: Central
- Legal Description: O T GARZA BLK 11 LOT 1-A
- MLSID: 21420791
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